Finance News – Page 137
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CIPS data shows output growth in April
Purchasing managers survey points to continued confidence, but construction recovery remains sluggish
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Desperate need for Euro crisis resolution, Bam warns
Bam Construct chief voices fears over ongoing Euro crisis
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Balfour Beatty wins £143m of civils work
Balfour Beatty Regional Civil Engineering wins mutiple civils contracts in first three months of 2012
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Lafarge and Tarmac forced to sell chunk of assets
Competition Commission rules firms must sell off quarries and plants before joint venture is given green light
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Development Securities reports £10.2m pre-tax loss
Preliminary 14-month results show assets decline £19.9m to £313.2m
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City Site Estates goes into receivership
Scottish property-investment and construction firm calls in receivers
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Bam Group’s UK profit falls a fifth
Profit falls across all three of Dutch construction giant’s UK subsidiaries and down a third at Bam Construct
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Kier acquires Stewart Milne's construction arm
£1m deal involves £15m of contracts and £20m work pipeline
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Sweett group order book boosted to £88m
Asian business grows in importance as consultant expands
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Sir Robert McAlpine + Mace tipped for £8bn Earls Court job
Building understands contractors are in pole position for massive west London development
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Ministers seek to boost tunnelling skills
Move comes as government publishes revised public building work pipeline
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Killby & Gayford collapsed with projects worth £29m on site
Firm fell out with Sotheby’s over sub-contractor payments
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UK hit with double-dip recession
Fall in construction sector output of 3% in first quarter 2012 drags economy back into recession
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Redrow slams lenders over NewBuy
Chair Steve Morgan says prime minister’s housing scheme will fail unless banks reduce rates
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Bidders for £4.35bn defence contracts revealed
List of firms interested in bidding for three new regional prime contracts worth up to £4.35bn published
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Government claims £1.5bn infrastructure savings
Treasury says procurement improvements could lead to £3bn savings by 2015
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Two firms vie for National Grid estate role
Capita Symonds and DTZ last two standing in race for contract to manage around £400m of National Grid estate
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JCB posts record £355m profits
Construction equipment maker reaps benefit from emerging economies